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Payment Card Industry Data Security Standard - A Twelve Step Program

Saturday, 19 July 2008

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Payment Card Industry Data Security Standard - A Twelve Step Program

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Payment Card Industry Data Security Standard - A Twelve Step Program

In order to protect cardholder data from theft or fraud, American Express, Visa, MasterCard, and Discover have developed what is known as PCI DSS (Payment Card Industry Data Security Standards) These standards involve 12 steps needed become compliant, or face fines of up to $500,000, plus legal expenses, and even losing the ability to accept credit cards.
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